January 1, 1970

African Rainbow Minerals to cut jobs as profits halve

Diversified mining group African Rainbow Minerals says its profit has halved due to sharply softer commodity prices, prompting layoffs and cost cuts to stay afloat. Source: […]
January 1, 1970

Manufacturing down, gold shines in mining

Manufacturing production as well as mining production have decreased in January 2016 compared with January 2015, announces Statistics SA. Source: News
January 1, 1970

ArcelorMittal's SA unit appoints new CEO

World’s top steel producer ArcelorMittal’s SA unit has named a new chief executive to help the loss-making company battle with cheap imports and rising costs. Source: […]
January 1, 1970

Seven missing after landslide at Congo copper mine

Swiss mining company Glencore says 7 people are missing following a landslide at a massive open pit copper mine in southeastern Congo. Source: News